Actions speak louder than wordsIn a time when insiders, Presidents and CEO's grant themselves plenty of free shares, only to sell them down the road. It is refreshing to know Sitka insiders have not sold a single share in the roughly 2 1/2 it's been a company. In addition CEO Corwin Coe and his son have been buying in the open market, as a shareholder, it gives me a lot more confidence knowing that management's interest is aligned with mine.
A fact that I'm not sure gets enough attention, is Sitka keeps a very low overhead and doesn't even carry an office staff. To my knowledge they are completely self sufficient in the field and don't need to outsource anything.
Sitka has roughly 10 drill holes to be released in the next month or so from the RC Gold and OGI properties combined. Knowing that Cor Coe has extensive knowledge of the Yukon, my hopes are that we will see encouraging drill results soon. Toss in an updated resource some time in early 2021 from the Burro Creek property in Arizona, we have a couple catalysts that could propel this company to much loftier heights. Looking at the "Asks" on the way up, there are major "gaps" on the way to $0.40 with very few shares for sale. Fingers crossed on some near future good news.
cheers
L4D